9.
New Territories, the question of the
surrender of small land holdings.
a result, some smaller exchange lots
will be offered in forthcoming
programmes.
17.
The reason why in-situ
exchanges cannot be granted to
landowners in development areas has
As
been explained many times in the past.
Such a course would be manifestly
unfair to other landowners, whose
land was less propitiously situated and
to those owners of land exchange
entitlements who have waited a
18.
considerable time for an exchange.
You suggest that cash
compensation for land should be 1/6
of the market in lay-out areas and
1/12 of it elsewhere. However, you
do not put forward any calculations
to support these suggestions. As I
have already pointed out, expenditure or
road, water supply, police stations,
schools and other public facilities
in the New Territories is greatly in
excess of the revenue derived from
sales of land within the New Territories